Bike Shop great location. 35 years in business.

Atlanta, GA
Fulton County

Beltline


Asking Price: Annual Revenue:
$540,000 $625,000

Retail: Sporting Goods, Recreation


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RE: Bike Shop great location. 35 years in business. Broker: Matthew Wochele
Owner Financing is Available!
5 to 10%

Quick Facts

Asking Price: $540,000
Annual Revenue: $625,000
Net Profit: $175,000
Cash Flow: $175,000
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 1985
Employees: 6
BBN Listing #: 926930182
Broker Reference #: 051020221

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Business Overview:

They have been in their current location for almost 30 years. One of the best locations in Atlanta for a sales and service bike shop. They have a solid staff and the owner will stay and transition with the buyer. The business is very consistent year in and year out. Their revenue is in the $600,000 plus range with the seller's discretionary earnings (SDE) averaging $175,000.

They service all bikes including electric bikes. The reputation of this owner and shop goes back to the mid 80s. A new owner will be coming into a thriving business in a thriving industry in one of the best areas in Atlanta for bicycle ownership.

We are asking $540,000 plus inventory.

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Property Features and Assets:

They have been in their current location for almost 30 years. One of the best locations in Atlanta for a sales and service bike shop. They have a solid staff and the owner will stay and transition with the buyer. The business is very consistent year in and year out. Their revenue is in the $600,000 plus range with the seller's discretionary earnings (SDE) averaging $175,000. They service all bikes including electric bikes. The reputation of this owner and shop goes back to the mid 80s. A new owner will be coming into a thriving business in a thriving industry in one of the best areas in Atlanta for bicycle ownership. We are asking $540,000 plus inventory.

Market Competition and Expansion:

They have been in their current location for almost 30 years. One of the best locations in Atlanta for a sales and service bike shop. They have a solid staff and the owner will stay and transition with the buyer. The business is very consistent year in and year out. Their revenue is in the $600,000 plus range with the seller's discretionary earnings (SDE) averaging $175,000. They service all bikes including electric bikes. The reputation of this owner and shop goes back to the mid 80s. A new owner will be coming into a thriving business in a thriving industry in one of the best areas in Atlanta for bicycle ownership. We are asking $540,000 plus inventory.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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